New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-04-03
NOT MOVING DAY ANY MORE
MAY ! LOSING IT'S oLD.TIME CHARACTER.

York this .ar At least such Is the or OF all the
promin ut real estate men, and the season is lar
enough advanced for them to Judge pretty accurately
in regard to the number of changes that are 10 pe
made Last Nav the furniture vans were not over
taxed by any means, but from present indications
they will have even less do this spring certainly
they will have no This is due largely TO the iac'
that rents, general thing, are now on i'iiy
satisfactory basis to tenants and tmay he sa toiahu
lords also The decided reduction in prices that was
obtained two or three wears ago by the whoiesale
moving that then took place both IN business anu
residence districts has since been maintained except IN
rare instances. Another cause is the conditoh OF
trade. Business is neither dull enough to conpei
tenants to take cheaper quarters nor, on the other
hand, is it sufficiently prosperous to encourage the
average lessee to look tor costly accommodations
either for business or for residence An additional
liz found in the eoncatory spirit that prevails
among landlords and tenants.
I'VE never saw il easier to obtain concessions on
both Sides" is the general verdict of the agents In
general II may be said OF business realty, that While
there is fair and steady demand for store and office
property everywhere, it is scarcely vigorous enough
to iustif, any marked advance in rents. and except
possibly where long leases nave been given, hiGher
rates have been rarely demanded.
APARTMENT HOUSES IN DEMAND
For npartment-house property of the right kind
that is, structures substantially and intelligenty
constructed situated convenient neighborhoods ana
rented at reasonable figures tho season opens
auspciousy, but Tor the elaDorately oullt 'hcy
flats there IL no better outlook than there was last
scason As for the shoddy affairs that were put up ih
euch numbers five years ago under the name OF apart
ment-houses tho prospect Is even worse feople are
far more discriminating in regard to abodes oil TINS
kind than they used to be when flats were novelty
here ana hence to obtain good tenants landlord
must offer Ear better structures and appointments
even where the rent is moderate than were formerly
expected
Happily tho average owner has realized this and
has built accordingly. In department OF buildings
has there been such noticeable Improvement made
within the last year two In lowprced apartment
houses As result OF this the exodus TO Brooklyn aud
other suburbs which threatened by those who
had become Disguised with living In the shells put W
by spectators has been averted and in tho opinion OF
many agents decided reaction has set In. There are
few better investments just than well-built
moderateprced apartmenthouse. except private
dwellings that can he rented at from $1,000 to
80 800 year. Private houses OF this kn1 seem 10 DC
in even greater demand than ever this season and
notwithstan ling the numbers that have been put
I'D OF late the supply is still Tar short OF tho demand
OF frst-class dwellings-that is, houses buHt Tor
pryatc use for rentngthc reverse OF this Is true,
az il las almost ways been.
How the dealers re- ard the renting lson may be
inferred from the opinions expressed by some OF the
bcst-inlormcd brokers in the real estate market.
FEWER REMOVALS PROBABLE.
Norris T. Brouner of ". b. Baer & Co.. Thirty
tourthst and Broadway, seemed to ieel well satisfied
With the general situation " Our experience, nc
SAID leads II G to think that there will be no more
removal, than there last year If indeed there are
"a MANY The season has made much progress
thorch a, matter OF tact May Is about played ont
with u4 We rent all the year round and, IN tact,
think we do renting now in the TALL than In the
surinc. Most OF orr old tenants have renewed their
lease. at the Old rates Here and there concession
has been made for the SAKE OF keeping m Old tenant
Int os a rue the rents of year ago have been main
tainel In some cases wo have obtained a slight adj
vance, bat not frequently. The cheapness OF money
and tie ease with which loans realty can be raised
have caused many people to CRAFTY the ambition, more
or lea, strong in every man, that OF getting separate
dwelling OF HIS own. But this has not caused any
great ialng-on in the demand tor desirable apart
nants They are mucn sought alter and IN some OF
the fine buildings handle such az the Srathmore
tor Example, we have not n vacant room On. no.
don't think the rush ont OF town. about which so much
WA sad , wear or two since, has made great deal OF
difference IL has been made good by the number OF
now arrivals | tell you people don't like to leave
NewYork. There is certain attraction about II mat
il not found in any other place and people VINO so
nway frequently icturu within ye.r or Two
Nj Bronner then referred to tho cost OF living here
in comp arison with other places. man. ne went
on car get n desrably situated siN-room Nat IN
New-Y York for from go up. This includes all I'M
proycmcnts anitors attendance and everything else
Now how much better can one do by going away
where time and are taken into account The
abuses OF flats he thought had been considerably eN-
aggcrated. Much has been and about tanitors
stealing coal and all that Ot lhlng
IN all hrst-cass houses the japors Goa! Is provided
by the landlord aud i; ia ouly in where peoPio
make the ianOr do their buying for them That there
cause Tor complaint On course II you get into
house where the anitOr is landlord agent snd every
thing else, you must expect to put up Win
II he is master aud servant n well. then look out
Soeakng of moderatc-prIced private dwellings, Mr.
Bronner added ave can never get enough OF them
Houses at $40 o. 1000 and $500 are never mp to
the demand tor them The demand for offices aud
store property uptown. he said, increasing every
year short time ago no one thought OF having
office up this way, but now we nave hre-piooI
office building, the Standard Theatre, ana there Is
every reason to think shall have moro very SOON
Moving has now, you know, been robbed OF It's terrors
The storage companies do not merely cart your things
from one place another, AS formerly; they agree to
take them up. cart them and put them down just IA
they found them in YOUR new quarters gu have no
trouble whateNerIho carpets 10 snane o pun ,;
not the traditional stoyepiPo to put up ms Is
bad of conrse tor rs brokers' but then II Is useless 10
lie down in the path OF progress
EASY TO RENT HOUSES OF MODERN STRUCTURE.
One of the most prominent and best posted down
town dealers talked in this way: Renting is fully
up To last years at this time, II not ahead. This
remark applies to ali kinds OF property In the lower
part OF the city there is steadily increasing demand
that is taking up vacancies in all kinds OF business
property The majority OF the changes In Office Sec
tons due mostly TO the buildings Tenants are
more willing than ever 10 pay Tor hrstclass accommo-
dntions. The lesson from this Is that there is no
money made by putting up anything but the most
modern structures in Newton There Is no trouble
about renting such this season .
" There will be comparatively lttIc moving onal
houses in great demand, but costly mansions are
Mt "a discount. But this Is nothing new, OF course.
The ATTEMPT to abolish May | as the beginning OF
the renting year rather move on the part OF the
apartment honse landlords than OF the public. These
owners hahually want 10 the summer rent,
which they do by leasing from fall to another.
But people will 60 away in the summer, and don't
think the move will ever be to work. 1t certainly
would n Ut in business sections
RENEWED POPULARITY OF BROADWAY.
Mr. Davis, who has special charge OF Office renting
for Ferdinand Fish, thought that rents had held their
own this year with here and there Sigh. advance,
particularly III Broadway property. Applications
Tor Offices have been more numerous than usual with
u.s." he added, land THINK may say that we do
ing better In securing tenants than any previous
year of late About the only places Il at still remain
vacant are in old fashioned buildings, that are moi pro-
vded with elcy atOrs and othe modern Improvements
Tenants are more discriminating than formerly AMI are